16 min listen
Megacaps Take A Break, Time For Rotation? Uber, Booz Allen, TopBuild In Focus
Megacaps Take A Break, Time For Rotation? Uber, Booz Allen, TopBuild In Focus
ratings:
Length:
18 minutes
Released:
Dec 4, 2023
Format:
Podcast episode
Description
The Nasdaq finished off its lows as 14,000 remains a level to watch as well as the 21-day line. But small caps were unfazed by the Nasdaq’s woes. A number of stocks still had good days including Uber which is getting added to the S&P 500. But don’t go chasing extended stocks in an extended market. Booz Allen Hamilton broke out of a fresh cup-with-handle and defense and intelligence are areas of interest right now. Finally, construction and real estate continued to show power with TopBuild extending its gains above a breakout around 300.
Released:
Dec 4, 2023
Format:
Podcast episode
Titles in the series (100)
Stocks Rally Ahead Of Key Inflation Data; Nvidia, Planet Fitness, SCCO In Focus: Falling bond yields brought buyers in from the sidelines. by Stock Market Today With IBD